International Shipping News

Leveraging Technology and Communication in the Shipping Industry: The Key to Streamlining Operations

The shipping industry is adjusting to the modern trend with smart ship technologies to enhance marine operations as the world moves toward a higher level of autonomy. The Internet of Things (IoT), data analytics, and autonomous and predictive ship tech…

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RightShip: Climbing cases of seafarer abandonment places profits above people as $40 million is lost in unpaid crew wages

Reported rates of seafarer abandonment show no signs of slowing, with current figures listing 9,925 men and women cast adrift over the last 20-years. This is according to the latest research from leading ESG-focused digital maritime platform, RightShip…

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Drewry: Despite strong long-term investment case, looming uncertainties dampen our near-term outlook

After a slow start in 1Q22, stocks prices slumped for two consecutive quarters – 2Q22 and 3Q22. This further eroded the sectors’ valuation multiple (EV/EBITDA), which was trading at a multi-year low, opening a bargain window for investors. As a result,…

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